Haixin Foods Co.,Ltd.’s Net Profit Dropped 94.1% in First Half of 2023

Haixin Foods Co.,Ltd. (海欣食品股份有限公司) (002702.SZ) reported a net profit of 1.3 million yuan in the first half of 2023, down 94.1% year-on-year.

Meanwhile, the company posted 733.7 million yuan in revenue, up 6.3% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 885.7 million yuan in total liabilities, with a liability-to-asset ratio of 51.7%.